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NSE:CASTROLIND 25 December 2025 - 26 December 2025

BP’s $10.1bn Castrol Deal: Stonepeak Buys 65% Stake as Castrol India Open Offer Sets ₹194.04 Price

BP’s $10.1bn Castrol Deal: Stonepeak Buys 65% Stake as Castrol India Open Offer Sets ₹194.04 Price

BP will sell 65% of Castrol to Stonepeak for an enterprise value of $10.1 billion, retaining a 35% stake. Stonepeak and CPPIB must launch an open offer for up to 26% of Castrol India at ₹194.04 per share, a slight premium to recent prices. BP expects $6 billion in net proceeds, aiming to cut debt. The deal is set to close by end-2026, pending approvals.
26 December 2025
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BP sells 65% of Castrol to Stonepeak in $10.1bn deal as Castrol India open offer follows

BP sells 65% of Castrol to Stonepeak in $10.1bn deal as Castrol India open offer follows

BP will sell a 65% stake in Castrol to Stonepeak, valuing the lubricants business at $10.1 billion. The deal will net BP about $6 billion and leave it with a 35% stake in a new joint venture. CPP Investments will support the transaction with up to $1.05 billion. Closing is expected by the end of 2026, pending regulatory approval.
25 December 2025
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Castrol India Stock in Focus on 25 Dec 2025: Open Offer at ₹194.04 After BP Sells Castrol Stake to Stonepeak

Castrol India Stock in Focus on 25 Dec 2025: Open Offer at ₹194.04 After BP Sells Castrol Stake to Stonepeak

BP agreed to sell a 65% stake in Castrol to Stonepeak for $10.1 billion, triggering a mandatory open offer for up to 26% of Castrol India at ₹194.04 per share. CPP Investments will invest up to $1.05 billion for an indirect stake. Castrol India shares jumped 9% to ₹202.40 on December 24 after the news. The transaction is expected to close by end-2026, pending regulatory approvals.
25 December 2025
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Stock Market Today

  • Treasury Wine Estates and Key Global Wine Stocks in Spotlight Amid Blind Tasting Revelations
    June 28, 2026, 8:36 AM EDT. Blind tastings at a leading wine fair highlighted Australian, New Zealand, and English wines challenging top global labels, impacting investment flows. Treasury Wine Estates (ASX:TWE), with a A$3.8 billion market cap, leverages premium brands like Penfolds to tap growing demand in Asia and maintain a strong presence in Australia and the U.S. Its focus on luxury aligns with shifting perceptions favoring quality from non-European regions, yet faces risks tied to earnings volatility and inventory management. Similarly, New Zealand's Delegat Group (NZSE:DGL) operates across multiple regions with notable revenue from the U.S. and Europe. These developments may reshape investor interest across the global wine sector as reputation and pricing dynamics evolve.

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28 June 2026
LIVEMarkets rolling coverageStarted: June 28, 2026, 4:00 AM EDTUpdated: June 28, 2026, 8:43 AM EDT Treasury Wine Estates and Key Global Wine Stocks in Spotlight Amid Blind Tasting Revelations June 28, 2026, 8:36 AM EDT. Blind tastings at a leading wine fair highlighted Australian, New Zealand, and English wines challenging top global labels, impacting investment flows. Treasury Wine Estates (ASX:TWE), with a A$3.8 billion market cap, leverages premium brands like Penfolds to tap growing demand in Asia and maintain a strong presence in Australia and the U.S. Its focus on luxury aligns with shifting perceptions favoring quality from non-European regions,
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